Financials
- Financial year
- 2025
- Total assets
- €41.9m
- Loss
- -€1.2m
- Solvency
- 39.3%
Total assets▲ 34.6%
Net result
20182025
IG BELGIUM
ActiveSummary
IG BELGIUM has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.5m and a net result of -€1.2m. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 58% of 1,018 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
General construction of other non-residential buildings
NACE 41003Development of residential building projects NACE 68121
6th largest company by equity in the Brussels-Capital Region, Construction of buildings sector1 site
Size
€41.9mtotal assets 2025
- Staff
- 1 FTE
- Equity
- €16.5m
- Loss
- -€1.2m
Structure
- Parent
- IG IMMOBILIEN INVEST GMBH SRL · 99.99%
- Oliver BauerDirector
- Hubert VögelDirector
Auditor: Auditas Bedrijfsrevisoren SRLAccounts 79 days early6 of 26 deeds read
Why 92raises riskSector: Construction of residential and non-residential buildings (NACE 41)Loss of €1.2m (financial year 2025)lowers riskSize: 1 FTE, total assets €41.9mFounded in 1995Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Average
Solvency
64-18
equity 39.3% of total assets
Liquidity
65+1
short-term debt 2.1% · cash 12.1%
Profitability
17-51
return on assets -2.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026highest value
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €1,500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.33, compared with 10.95 in 2024, above the usual 1.5; short-term debt: 2.1% and cash: 12.1% of total assets), but 60.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 47% on solvency, 70% on liquidity, 16% on profitability and 28% on growth.
The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 days early
2024
7 days early
2023
44 days early
2022
42 days early
2021
51 days early
2020
65 days early
2019
80 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
- Reappointment: Hubert Vögel (director)Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: Auditas Bedrijfsrevisoren SRL (statutory auditor)Gazette deed
Key points
- Caution: From profit to loss in 2025after €1.3m in 2024 -€1.2m View
- Caution: Among the weakest 5% on net resultsector median €34,656 · 1,020 companies -€1.2m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by IG IMMOBILIEN INVEST GMBH…known shareholders 100% 99.99% View
By topic
Board & ownership
- Board
- 2 members
- Parent
- IG IMMOBILIEN INVEST GMBH… · 99.99%
- Known shareholders
- 100%
- Auditor
- Auditas Bedrijfsrevisoren SRL
- Oliver BauerDirector
- Hubert VögelDirector
Network & group
- Group
- IG IMMOBILIEN INVEST
- Connected companies
- 1
Timeline
- Events
- 39
- Since
- 1997
- Next accounts
- by 31-07-2027
- 31-12-2025Weakest financial year
- 11-09-2025Appointment: Oliver Bauer (director)
- 24-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- General construction of other non-residential buildingsNACE 41003
- Founded
- 11-07-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Annual meeting
- First Friday of May at 09:00
- Purpose
- “L'acquisition, sous quelque forme que ce soit, de participations dans d'autres sociétés de…” (deed in French)
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